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A stock just paid a dividend of $2.50 (i.e., D0=2.50 ). An investor expects that the dividend will grow at 25% annually for the next

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A stock just paid a dividend of $2.50 (i.e., D0=2.50 ). An investor expects that the dividend will grow at 25% annually for the next two years and 4% forever thereafter. Assuming a discount rate of 13%, this stock is worth $

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